Mahindra and Mahindra Nashik plant tool down strike called off
Mahindra and Mahindra Nashik plant tool down strike called off. Mahindra and Mahindra has confirmed the end of their Nashk plant tool down strike by employees. The plant production unrest began on 5th March 2013 at 6:00 PM.
Truly in current economic scenarios, it’s not only falling sales that are troubling automotive giants but also the factor of labor unrest. In the past Maruti Suzuki and Hero Moto Corp have had their fare share of troubles resulting due to labor unrest and now Mahindra& Mahindra has had to to bear the brunt of such a scenario briefly.
In the latest incident, it should be noted that workers at the Nashik plant of Mahindra & Mahindra had opted for a complete tool down strike since evening of 5th March 2013. This strike has caused a standstill in production lines which M&M states to be at 500 vehicles per day. The facility currently produces top selling models like the Xylo, Bolero and Scorpio as also the Verito sedan.
Tension sprouted when on 4th of March 2013 worker went on a hunger strike to protest against the wage settlement negotiations after which a few workers were suspended. Suspension of these workers prompted the rest to go on a tool down strike which though it has stopped production, will not hurt M&M as they have a stocked inventory.